Food giant on multi-million euro acquisition trail

A MULTI-MILLION euro acquisition by the food processing giant, Glanbia, is likely before the end of the year, it emerged yesterday.

The group confirmed it is actively pursuing a number of potential opportunities for business growth in the US, Europe and Africa.

Asked if further acquisitions or joint ventures are likely before the year end, group managing director John Moloney said: “as it stands, we will be disappointed if there are not.”